Sao Mai is in charge of recovering 41 containers on board the ship while Visal is responsible for removing oil from the vessel and lifting it up, said Nguyen Van Kha, general director of Visal.

The 80-meter-long ship sank to a depth of 15 meters.

“It will take around 7 days to get the job done at a cost of VND8 billion. The Truong Hai Star owner will cover this expense,” Kha said.

There are no sign of oil leaking from the ship but prudence must be practiced when pumping out a large volume of oil. At present, Thanh Trung Co. and Hung Thai Co. have laid down buoys around the wreckage site to prevent oil from spreading in case of an oil spill happening, according to Visal.

The Thai-flagged vessel Krairatch Dignity collided with Truong Hai Star in Vung Tau last Monday while the latter was preparing to enter a HCMC port with 66 containers on board.